With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in Scranton, PA.
Scranton is a city with a strong presence in several key industries, such as financial services, insurance, and defense. These sectors offer diverse employment opportunities for jobseekers, catering to varying skill sets and interests. The city's focus on these critical areas helps to maintain a stable economy and paves the way for continued growth. As such, Scranton can be an ideal destination for those looking to advance their careers within these flourishing industries.
The city offers a unique employment landscape for jobseekers, with certain factors making it an attractive option. On the one hand, the cost of living in the city is about 21.0% lower than average, providing more affordable housing and everyday expenses. In addition, the average commute time is relatively short, at just 20 minutes, allowing residents to spend less time on the road and more time enjoying their lives outside work.
However, potential employees should also consider that the average salary in this location is $53,531, which is 22.67% below the national average. This could result in lower overall income for those moving to the area. Additionally, only 42% of people are insured by their employer, meaning some individuals may need to seek alternative health insurance options. Taking
The city of Scranton, Pennsylvania's local economy currently experiences a higher than average unemployment rate at 8.70%. Despite this figure, the future job market growth in the area is projected to be strong. This indicates that opportunities for employment may increase, providing a more favorable outlook for job seekers in the region. As a result, those considering relocating to Scranton can expect an improving economic climate and a robust job market in the near future.